Fang to Hold 2020 Annual General Meeting on December 21, 2020

Rhea-AI Summary

Fang Holdings Limited (NYSE: SFUN) has scheduled its 2020 annual general meeting for December 21, 2020, at its Beijing headquarters. Key agenda items include the re-election of Changming Yan as an independent director. Shareholders eligible to participate must hold ordinary shares as of the record date, which is November 20, 2020. Fang, a leading real estate Internet portal in China, provides marketing and financial services for the real estate sector, maintaining operations in 665 cities.

Positive

• Scheduled annual general meeting provides a platform for shareholder engagement.
• Re-election of an independent director may enhance governance.

Negative

• None.

BEIJING, Nov. 16, 2020 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang" or the "Company"), a leading real estate Internet portal in China, today announced it would hold its 2020 annual general meeting of shareholders at Fang's Beijing headquarters at Tower A, No. 20 Guogongzhuang Middle Street, Fengtai District, Beijing 100070, People's Republic of China on December 21, 2020 at 10:00 a.m. (Beijing time). The proposal to be submitted for shareholders' approval at the annual general meeting is the re-election of Mr. Changming Yan as an independent director of the board of directors of the Company (the "Board"), a member of the audit committee and the compensation committee of the Board, and a member and the chair of the nominating and corporate governance committee of the Board.

The record date (the "Record Date") for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof has been set as November 20, 2020. Holders of record of the Company's ordinary shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person.

About Fang

Fang operates a leading real estate Internet portal in China in terms of the number of page views and visitors to its websites. Through its websites, Fang provides primarily marketing, listing, leads generation and financial services for China's fast-growing real estate and home furnishing and improvement sectors. Its user-friendly websites support active online communities and networks of users seeking information on, and value-added services for, the real estate and home furnishing and improvement sectors in China. Fang currently maintains approximately 74 offices to focus on local market needs and its website and database contains real estate related content covering 665 cities in China. For more information about Fang, please visit http://ir.fang.com.

 

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SOURCE Fang Holdings Limited

FAQ

When is the Fang Holdings annual general meeting?

The annual general meeting is scheduled for December 21, 2020.

What is the purpose of the Fang Holdings annual general meeting?

The meeting will address the re-election of Changming Yan as an independent director.

What is the record date for Fang Holdings shareholders?

The record date for determining eligible shareholders is November 20, 2020.

Where will the Fang Holdings annual general meeting take place?

The meeting will be held at Fang's headquarters in Beijing.

What services does Fang Holdings provide?

Fang provides marketing, listing, lead generation, and financial services for China's real estate sector.